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After buying Uber’s China business, Didi Chuxing plans to invest in Grab, a major competitor in Southeast Asia

3 months ago
Sky Canaves
he Chinese ride-hailing company is reportedly teaming up with SoftBank to take a $600 million stake in Grab, which operates in places such as Thailand and Indonesia.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.